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20121108
20121116
Search Results 0 to 24 of about 25 (some duplicates have been removed)
possibly push the u.s. economy into recession unless congress does something about it. >> is wall street basically registering its doubt and skepticism that either party can come together and resolve this? >> that's right. i think we will see compromise. already you've seen the president reach out to the other side. john boehner making comments that they also want to work together. but, again, this is the choice that we have been talking about over the last several months. spending cuts, tax increases. >> we should mention that we're also more renewed fears in europe, the greek debt crisis rearing its ugly head. >> absolutely. it's clear that greece cannot pay its bills. now we're thinking, okay, this is another pressure for the u.s. economy. so we're all waiting on some kind of compromise out of washington as well as some stability in europe. but for sure, we'll probably see some volatility going forward. doesn't really mean much, though, long-term. >> i was going to say, let's get some perspective. there was a huge drop after the president's election four years ago. but over the last f
's gonna care about. i know the economy is tough and i know that the retailers need the sales and all of that but when we lose perspective about what really matters in this world, we have lost everything, i think. >> so let's shop on friday. >> i think so. >> i think you're right. i think so, too. >> unless you don't have a family to celebrate with. but people -- i don't know, are these stores going to pay employees more to work on a holiday? >> i don't know if that is the case. >> a lot of people are out of work, you need the job. it is unfortunate. i really do. >> we are going to talk about a wednesday -- is it wednesday? it is wednesday. >> winesday wednesday. >> talk about a trend. >> this has been around forever though. >> this is a trend and it is peanut birth and pickles. it is national pickle day, in case you didn't know. according to the "new york times," a old favorite it has emerged again. i guess it is the tartness and the tanginess of the pickle coupled with the peanut. >> any given morning, you and i can be found with our peanut butter. every morning we have that guy, th
the white house this afternoon about the economy and what it will take to stave off the fiscal cliff. we'll have a live report from the white house straight ahead. >> also new, a tough reprimand for member of that highly respected seal team 6. did they reveal classified information to the makers of a video game. we'll have more an that. >> and then a real drama for one of the young stars of "modern family." ariel winter removed from her home. there are some new details in the case this morning and her mother has released a statement to nbc news. we'll talk about that. >> plus, first let's get to the top stories of the morning. natalie plo ra less is at the news desk. good morning. >> good morning everyone. it is back to work for president obama today as he addresses congress about the fiscal cliff, tax increases and automatic spending cuts slated to slam the economy back into a possible recession in january if the house and senate don't intervene. partisan politics have gotten in the way on the issue as republicans refuse to hike tax rates on wealthy americans. the president is expected
sandy after taking a strong stance on the looming fiscal cliff telling lawmakers that the economy cannot afford a tax increase on all americans. republican leaders say raising income tax rates on wealthier americans could hurt job creation. >>> after a rough closing on wednesday over those fiscal cliff fears, wall street is once again on edge this morning as new figures show the 17-nation euro zone has officially fallen back into a recession. and workers protest there are sweeping across the continent. kayla tausche is at the new york stock exchange with more. kayla, good morning. >> good morning, natalie. the congressional budget office has warned that failing to fix the $600 billion in tax and spending cuts would drive the u.s. into recession, which has been relatively strong compared to europe with rising unemployment and unrest, as well as china where big questions loom over the direction of the world's second largest economy under new leadership. president obama yesterday called for tax cuts to the middle class immediately. that followed business leaders and a big meeting there, one
to send the economy back into a nose dive. what's your sense in washington? are both sides -- do both sides still have an appetite to play brinksmanship or is there a real desire to get this done? >> as i talk to people on capitol hill, lester, and in the administration, there is still wariness on both sides. one for the other. but there is a different attitude. they both see some room for breakthrough here. i think both sides recognize that the public has spoken lo loudly about the importance of compromise. but the public has also reaffirmed the status quo in washington. so the president is in a position, and you heard him at the end of the week insisting that tax rates for wealthy americans are going too much to go up. or taxes, more generally. so i think that's where he feels the mandate of a second term and he's going to drive a hard bar fwan. but i think he's going to try to work in a way to make it very difficult for republicans to say no to a new approach, again, undering people want something to get done on this on deficit reduction and then move on to some other issues. >> gi
and automatic spending cuts slated to slam the economy back into a possible recession in january if the house and senate don't intervene. partisan politics have gotten in the way on the issue as republicans refuse to hike tax rates on wealthy americans. the president is expected to urge congress to come together to extend bush era tax cuts for all but the nation's highest earners. >>> the gunman convicted of wounding congresswoman gabrielle giffords in tucson, arizona has now been sentenced to life in prison without parole. giffords stood by her husband's side as the retired astronaut mark kelly confronted shooter jared loughner and told him he couldn't kill the congresswoman's spirit. loughner had agreed to a plea deal earlier to avoid the death penalty. his january, 2011 rampage killed six people and left 13 others including giffords wounded. >>> chrysler is recalling 745,000 jeep suvs in the united states. the company says it needs to fix a part that can cause the air bags to deploy inadvertently. the recall covers jeep grand cherokee and liberty suvs from model years 2002 through 2004. >>
decision making process, those loopholes are closed. so it's a pro-growth way. growth for the economy, it's a way of generating economic growth but at the same time generating those revenues from wealthy americans. by the way, i don't think the issue is about revenue. i think speaker boehner laid out $800 billion in revenues the last time that they met. the real issue here, in my opinion, and i meet republicans and democrats all the time, is how deeply we're going to deal with the issue of entitlements and especially the medicare program. to me, that's the key to these decisions, and discussions, and that is will the president be willing to really fundamentally change the medicare program so that it's solvent for the future. i believe if he's willing to do that, i think you're going to see a compromise here. and i think you're going to see something very -- >> on the part of democrats to touch those. i want to talk briefly about this notion of a two-step measure that speaker boehner supports a stopgap that would buy a little time until january and then pick up the harder business down the
a progrowth system for individuals, but the loopholes are closed. it's a progrowth way growth for the economy. it's a way of generating economic growth, and at the same time, generating those revenues for weather persons. i don't think the issue is about revenues. i think speaker boehner laid out 800 billion in revenues the last time they met. the real issue here in my opinion, and i meet republicans and democrats all the time, is how deeply we'll deal with the issue of entitlements and especially the medicare program. to me, that's the key to the discussions, and that is, will the president will willing to really fundamentally change the medicare program. i think he if he is willing to do that, you will see a compromise here. >> i want to just talk briefly about this notion of a two-step measure that speaker boehner ports, a stopgap that will buy a little time to january. can we afford that or can we do this all in one step? >> i'm not a fan of that, look. we all know what the issues are. we've been talking about this for two years. we had two dry runs at it now. i'm not a fan of a two-step
a strong stance on the looming fiscal cliff telling lawmakers that the economy cannot afford a tax increase on all americans. republican leaders say raising income tax rates on wealthier americans would hurt job creation. >>> new health concerns this morning for yet another popular caffeinated drink, 13 reported deaths have been linked to the possible involvement of 5-hour energy. according to the fda, reports date back to 2009, dozens involving life-threatening issues like convulsions, heart attacks, and even a spontaneous abortion. the company that distributes the energy shot drink says it is unaware that any deaths can be proven to be caused by 5-hour energy and that the drink is safe when used as directed. >>> nbc news has confirmed this morning, british oil giant bp has agreed to pay a record criminal penalty as it nears a federal settlement over the 2010 gulf oil disaster. the settlement also includes criminal charges in connection with the deadly oil rig explosion. >>> u.s. women's soccer team goalie solo and jeremy stevens were married tuesday, the same day they appeared in court in
and the broader economy. many business leaders urging congress to work together to resolve that fiscal cliff before it's too late. natalie? >> courtney reagan at the new york stock exchange, thank you. >>> and now for a look at what's trending today. our quick roundup of what has you talking online. judy garland's blue and white dorothy dress from "the wizard of oz" featured recently here on "today" fetched an over the rainbow bid at a hollywood memorabilia auction this weekend. it sold to an anonymous buyer for about $480,000. >>> the reported breakup of justin bieber and selena gomez dominated the internet. during an appearance on the radio show "open house party" justin was asked if he had a comment on the relationship. >> i don't know what to say. i don't know really what's really even going on in my life. so it doesn't make sense because i've not made any comment. >> and at a concert in boston, the beibs seemed to let his work do the talking with a performance of justin timberlake's anthem "cry me a river." ♪ cry me a river cry me a river ♪ ♪ cry me a river >> justin bieber and se
Search Results 0 to 24 of about 25 (some duplicates have been removed)